Massachusetts
Defense Breakdown Economic Impact Report
By Place of Performance Data -- Sorted by Product or Service
(FY 2011 Defense Contracts Baseline Data)
Includes Estimated 9% Annual Budget Reduction
And
Estimated 18% Sequestration Annual Budget Reduction
Starting in FY 2013
Go to www.forthecommondefense.org/reports to view detailed reports on Massachusetts counties, cities, Congressional Districts, industries, small businesses and information on sources and methodology.
BACKGROUND ON THE DEFENSE BUDGET CUTS: 2013-2021 - Our military is carrying an unfair burden of deficit cuts. To date our Defense budget has been hit with 50% of deficit reduction - yet it accounts for less than 20% of total federal spending.
- Earlier Budget Cuts: the first 9% Defense Budget Reduction: Defense budgets for 2013-2021 were cut $487 billion -- an average 9% cut over 9 years. In 2012, President Obama limited U.S. military capability to fighting one "regional conflict" and one "holding action."
- Sequestration Budget Cuts: the second 9% Defense Budget Reduction: "Sequestration," also required by law in 2011, mandates $500 billion more in 2013-2021 defense cuts -- an average total 18% cut. In 2011 President Obama said "I will veto any effort to get rid of those automatic spending cuts."
- Alternative solutions have been proposed to maintain a strong defense, reduce our deficit and avoid tax increases: Elected officials have proposed that the President and Congress reduce mandatory entitlement spending and make cuts in the non-security programs in the Federal budget.
- Be Prepared: These reports show how estimates of 2013 defense budget reductions of 9% and 18% could affect Massachusetts with cuts in defense jobs and businesses. Ask your elected officials for ongoing updates on how these defense cuts will affect your community.
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State | City | Contract Year | Product or Service | $ Amount | Reduction by 9.0% | Reduction by 18.0% | Massachusetts | Medford | 2011 | Chemical Analysis Instruments | $23,500 | -$2,115 | -$4,230 |
Massachusetts | Medford | 2011 | Laboratory Equipment & Supplies | $11,981 | -$1,078 | -$2,157 |
Massachusetts | Medford | 2011 | RDTE/Aircraft-Basic Research | $169,758 | -$15,278 | -$30,556 |
Massachusetts | Medford | 2011 | RDTE/Electronics & Communication Eq-Applied Resea | $350,048 | -$31,504 | -$63,009 |
Massachusetts | Medford | 2011 | RDTE/Electronics & Communication Eq-Basic Research | $80,000 | -$7,200 | -$14,400 |
Massachusetts | Medford | 2011 | RDTE/Other Defense-Applied Research | $553,746 | -$49,837 | -$99,674 |
Massachusetts | Medford | 2011 | RDTE/Other Research & Development-Applied Researc | $227,330 | -$20,460 | -$40,919 |
Massachusetts | Medford | 2011 | RDTE/Services-Basic Research | $80,000 | -$7,200 | -$14,400 |
Massachusetts | Medford | 2011 | Wallboard, Bldg Paper, & Thermal Insulation Mat | $3,531 | -$318 | -$636 |
TOTAL | | | | $1,499,894 | -$134,990 | -$269,981 |
Data sources and more data available at www.governmentcontractswon.com, compiled from public data at www.fpds.gov
Created by the Center for Security Policy
Defense Breakdown Economic Impact Report Generator (v.2.7.0-PoP) February 21, 2013 01:17:18 www.forthecommondefense.org